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Renovated Two-Tenant Office Building
For Sale
$564,000

104 S Clyde Avenue, Kissimmee, FL 34741

Flexible professional layout supports shared reception and separate operations for two businesses.

Property Size1,965 SF
Price / SF$287.02
Days on Market91

Property Features for 104 S Clyde Avenue

General Information

Standard status Active
Size 1,965 SF
Property subtype Commercial

Building Details

Year Built 1952
Listing Agency: LPT REALTY,LLC
Listed By: Gea Gomez · License #3247541
Source: Realtygroupfl
Added: Jul 9 Changed: Oct 7 Last Checked: Oct 7 at 1:22PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LPT REALTY,LLC

Investment Insights

Based on property information with market context.

This 1,887-square-foot office building offers a flexible configuration for an owner-user, two separate businesses, or a single occupant. The property was built in 1952 and updated within the last three years with waterproof laminate flooring, renovated bathrooms, and a refreshed kitchen and break room. A common reception and waiting area includes a handicap-accessible restroom, while each side has its own entrance, conference room, handicap-accessible restroom, and multiple private offices. The building contains three handicap-accessible restrooms in total.

Positioned on a visible corner lot at 104 S Clyde Avenue in downtown Kissimmee, the property is two blocks from the Osceola County Courthouse and near government offices, restaurants, the SunRail station, and major roadways. Concrete block construction, a private rear parking lot with 10 spaces, and a detached storage building add practical utility. The approximately 10' x 9' storage building includes electricity and attic storage.

Key Highlights

  • 1,887 SF office building with two separately accessible sides
  • Updated within the last three years with renovated bathrooms and new laminate flooring
  • Each side includes a conference room, handicap‑accessible restroom, private entrance, and multiple offices

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$29,357
Cap Rate
5.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$587,140 $587.1K
Cap Rate 7%
$419,386 $419.4K
Cap Rate 9%
$326,189 $326.2K
Market Conditions
NOI Build-Up for 1,965 SF
Gross rent
$47.2K $24.00/SF
− Vacancy
−$8.0K −$4.08/SF
EGI
$39.1K $19.92/SF
− OpEx
−$9.8K −$4.98/SF
NOI
$29.4K $14.94/SF
Area
Osceola County, FL
Vacancy
17.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$587,140
Cap Rate 7%
$419,386
Cap Rate 9%
$326,189

Alternative Uses

Best Use
Office B
$419.4K
$367.0K – $489.3K (±1% cap)
NOI $29,357 @ 7.0% cap · market cap 5.21%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$607.6K
$531.7K – $708.9K (±1% cap)
NOI $42,532 @ 7.0% cap · market cap 7.54%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Catering Service (Bike/Boat/Book/etc) Store Furniture & Home Goods Garden Center Fish Market Wine and Liquor Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,292
Businesses Nearby

Demographics for 34741, FL

56,454
Population
22,043
Households
2.6
Avg Household Size
35
Median Age
28%
College-Educated
87%
High-School Grad
15.0 sq mi
ZIP Area
3,764
Density / Sq Mi
$50,278
Median Household Income
$30,415
Median Earnings
$1,591
Median Rent
$270,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Flexible professional layout supports shared reception and separate operations for two businesses.
Where is this office building located?
The property is located at 104 S Clyde Avenue Kissimmee, FL.
What is the asking price?
The asking price for this property is $564,000.
What are key features of this property?
This property features: 1,887 SF office building with two separately accessible sides; Updated within the last three years with renovated bathrooms and new laminate flooring; Each side includes a conference room, handicap‑accessible restroom, private entrance, and multiple offices
More about this property
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